Shares of Dick’s Sporting Goods (DKS) have risen from $14.00 in March 2020 to over $62.00 just yesterday. The stock is slightly lower today but all indicators signal much more downside. This is a Dick’s Sporting Goods stock chart alert for swing traders. The trade here is a short-sell based on a classic double top, combined with multiple overbought signals. Technical analysis signals a pull back in the stock to $50.00 This Dick’s Sporting Goods stock chart alert is a classic retrace play that has a high reward to low risk makeup. Look for it to play out over the next 4-8 weeks.
Members of Gareth’s Verified Investing Alerts have closed out 169 swing trades already in 2020 for a net gain of 1,427.71%. Join now and get the exact entry/exit price alerts, stops and targets…LIVE. Get The Action NOW by Clicking HERE